• Increase your retirement contribution: If you’re already contributing enough to receive the full Memorial Hermann match of 6% (or 3% if you’re eligible for the Pension Plan), consider whether you have room to increase your contribution. Even a 1% increase can add up over time.
• Review how your retirement savings are invested: You do not need to be an investment expert to get started. Fidelity’s Smart Money Playbook can help you understand what your options mean and how factors like your timeline and comfort with risk can shape your approach.
• Redirect money as expenses change: Paid off a car or student loan? Received a raise? Reduced a recurring expense? Consider directing some of that money toward retirement or another savings goal before it becomes part of everyday spending.
• Balance today’s goals with tomorrow’s: You may be saving for several things at once—an emergency fund, a home, education or retirement. Fidelity Goal Booster can help you explore your savings and investing options, manage your goals, and start saving today.
• Keep your savings on track: An unexpected bill doesn’t have to derail your savings goals. DailyPay gives you access to wages you’ve already earned, which may help you avoid a late fee or dipping into savings. Remember, any amount you access early will reduce your next paycheck, so plan ahead for upcoming expenses.

• Reevaluate your repayment strategy: Review your balances and interest rates periodically. As debts disappear or your income changes, decide where your extra payments can have the greatest impact. For example, focus on paying down the highest interest rate.
  • Use the Fidelity Debt Tool to sort your debts by interest rate or balance.
  • Consider scheduling a no-cost session with a DailyPay financial coach for personalized guidance.
  • It’s also important to understand that not all debt is inherently bad and how you manage your debts can affect your credit. Learn more in DailyPay’s 3 Ways to Build Your Credit History.
• Balance debt, saving and investing: Fidelity’s How to Balance Debt, Saving and Investing can help you decide when extra money may be better directed toward high-interest debt, emergency savings or long-term goals.
• Get help paying down eligible student loans: Student loan payments can make it harder to save, manage everyday expenses or plan for other goals.
  • Learn Well: You may be eligible for monthly student loan payments from Memorial Hermann to help reduce what you owe. Visit Learn Well to review eligibility, payment amounts and program requirements.
  • Public Service Loan Forgiveness (PSLF): You may also be eligible for federal PSLF, which can forgive remaining student loan balances after qualifying payments at a qualifying employer. Because this is a federal program, eligibility rules are subject to change. Visit studentaid.gov/pslf to check eligibility and submit the required Employment Certification Form.

• Back-up care, tutoring and more: When your regular plans fall through, Memorial Hermann provides subsidized back-up care for children and adults through Bright Horizons, plus test prep and parenting resources. You also can access SitterCity to search for babysitters, nannies, pet sitters and other household help with free background checks. Need tutoring instead? Exchange one or more back-up care days for four hours of tutoring.
• Preparing for college: College costs can add up long before tuition is due. If you’re a parent, Bright Horizons College Coach gives you free access to impartial guidance from former senior admissions and financial aid officers, plus free resources, live events and more, without adding another expense to your family’s budget. You also have access to free test prep and tutoring resources through Bright Horizons.
• Caregiving support: Wellthy can help you navigate the costs and logistics of caregiving. Whether you’re caring for a child or an adult, your Care Coordinator can help you understand your options, explore payment resources and make informed decisions.
• Dependent care costs: If eligible, enroll in the Dependent Care FSA during Annual Enrollment (or within 30 days of your hire date or a qualifying life event) and set aside pretax dollars to help pay for qualifying dependent care expenses.
• Counseling and coaching: Save on the cost of support with six free confidential therapy sessions and six free coaching sessions for you and each eligible dependent through Spring Health. Counseling can help you understand yourself better, work through challenges, learn healthy coping skills and improve your self-confidence, while coaching can help you create a path to success in personal and professional development.
• Caring for pets: Pet insurance options through Nationwide can help manage planned and unexpected veterinary costs with coverage for eligible accidents, injuries, illnesses, surgeries, X-rays, preventive care and prescriptions.

• Need a new appliance or computer? Purchasing Power allows you to buy a wide selection of products, like computers and appliances, through payroll deductions, without needing a credit check or down payment.
• Paying full price for everyday purchases? The Employee Discount Spot helps you save on everyday expenses and larger purchases, giving you more room in your budget for other financial goals. Visit Beneplace to view deals on travel, entertainment, electronics and more.
• Going back to school? Memorial Hermann provides education assistance through Learn Well. This benefit offers low-cost and even no-cost options through partner schools, along with direct payment programs that may reduce what you need to pay upfront or borrow for eligible education programs.
• Setting new health goals? Expert guidance is normally costly—but eligible Memorial Hermann employees can get specialized support at little or no cost through Noom for weight management and Midi Health for perimenopause and menopause care.
• Get help with certain legal and identity theft issues: If you’re enrolled in the MetLife Group Legal Plan, you have access to expert legal advice for personal legal matters. If identity theft affects your finances, an attorney can also help you contact banks and creditors and address certain legal issues resulting from identity theft.

Prepare for What You Expect

• Review your medical coverage: If you’re enrolled in a medical plan through Memorial Hermann, review plan comparisons, plan premiums and Aetna resources to understand how your coverage works. It’s important to reevaluate your needs each year, especially if your health, family or financial situation has changed.
• How you use your benefits throughout the year matters, too. Choosing in-network providers for medical, dental and vision care will almost always save you money. Eligible preventive care, like your annual wellness visit or certain screenings, is covered at 100% when you use an in-network provider. It can help catch health concerns early, potentially avoiding more costly care down the road, and help you earn a $600 Employee Health Credit toward your medical premiums. For savings at the pharmacy, review Ways to Save on Prescription Drugs.
• Use a Flexible Spending Account (FSA): Allocate a set amount each pay period toward qualified health or dependent care expenses, which can reduce your taxable income and help make certain costs more predictable.
• Planning to grow your family? If you or a family member is enrolled in a Memorial Hermann medical plan, the MH Maternity Experience Program provides the expectant parent with personalized guidance, resources and hands-on support they need throughout pregnancy and up to one year postpartum. Additionally, keep in mind that optional Hospital Indemnity Insurance pays a cash benefit for a hospital admission—and may even pay a $250 newborn benefit.

Prepare for What You Can’t Predict

• A serious illness: Critical Illness Insurance serves as a financial safety net when you or a covered dependent is diagnosed with a serious illness, such as cancer, heart attack or stroke. This benefit provides a cash payment and the flexibility to use the funds however you choose.
• An accident: Accident Insurance provides financial protection for covered accidents—so if you love hiking, biking or playing in a weekend softball league, this benefit may offer some peace of mind. This benefit, also available to your dependents, provides a cash payment and the flexibility to use the funds however you choose.
• A hospital stay: Hospital Indemnity Insurance provides a cash payout for a covered hospital stay, whether it’s due to an accident, illness or even childbirth.